Visa payWave®: a faster way to pay

Visa payWave is a convenient feature that lets you pay with your card or mobile device by simply waving it over a secure reader instead of inserting or swiping your card. The purchase will then be authorized, processed and billed in the same secure way it is today. All you have to do is check for this symbol
on your card or check that your bank is participating in Visa payWave for mobile, and that you have downloaded the mobile app to your phone, wave it and go.

How Visa payWave transactions work

Visa payWave cards have an embedded antenna and microchip, enabling "contactless" communication with a reader at the checkout. No swiping, inserting, signing or PIN is required for purchases under the merchant's set limit. If your purchase is over the merchant's set limit, you may be asked to sign, swipe or insert your card instead.

Similarly, Visa payWave-enabled mobile devices with built-in near field communications (NFC) technology combined with an application, facilitates the same kind of instant communication with the reader. When you wave your phone in front of the contactless reader, the Visa payWave application safely transmits encrypted payment information to the reader. If your purchase is over the limit, you may be asked to insert your card or enter a PIN and tap a second time.

Visa payWave security

Visa payWave uses
EMV chip technology, which provides enhanced security and protection from fraud. Visa payWave transactions are processed through the same secure and reliable network used for all Visa transactions. And because your card or mobile device never leaves your hand during the entire Visa payWave transaction, the risk of your card being used for fraudulent transactions is reduced.

All Visa cards also carry the Visa Zero Liability policy, which provides you with protection against fraud. Use your Visa card to make purchases anywhere and you're protected from unauthorized use of your card or account information. With the Visa Zero Liability policy1, your liability for unauthorized transactions2 is $0-you pay nothing.

*A Visa Prepaid Card will be considered anonymous if the cardholder's identity has not been validated by the issuing financial institution (for example, a Visa Prepaid Gift Card).

2 Financial institutions may exclude from the Zero Liability policy a transaction made by a person authorized to transact business on the account and/or a transaction made by a cardholder that exceeds the authority given by the account owner.